Market Forecast By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, And Turkey), By Product (Excavators, Loaders, Dump Trucks, Others), By Application (Construction, Mining, Agriculture & Forestry, Others), And Competitive Landscape According to 6Wresearch, Middle East Earthmoving Equipment Market size is anticipated to witness growth during 2021-2027. Recent initiatives taken by governments of several countries to revive the region’s economy from a worldwide crisis would support the growth of the Earthmoving Equipment market in the Middle East region. For instance, the UAE Central Bank has allocated incentives for SMEs and local banks to revive and develop the construction sector of the region. Additionally, the central bank also declared to offer incentives through collateralized loans at zero cost to all banks operating in the UAE, as well as an additional incentive that would be freed up from lenders’ capital buffers. Mobile cranes and earthmoving equipment do
According to 6Wresearch, UAE
Elevator and Escalator Market size is projected to grow at a CAGR of
1.5% during 2019-25. Continued investment ahead of the mega event - Expo 2020,
expansion of Al Maktoum International airport, extension of red and green lines
of Dubai metro, Abu Dhabi metro and several other commercial and residential
projects, would drive the demand for elevators & escalators in UAE in near
future.
Key Highlights of the Report
- UAE Elevator and Escalator Market Overview
- UAE Elevator and Escalator Market Outlook
- UAE Elevator and Escalator Market Forecast
- UAE Elevator and Escalator Market Share, By Countries
- UAE Elevator and Escalator Market Size and Historical Data of UAE Elevator and Escalator Market Revenues & Volume for the Period 2015-2018
- UAE Elevator and Escalator Market Forecast of Revenues & Volume until 2025
- Historical data & Forecast of UAE Elevator and Escalator Market Revenues, By Types, Applications and Services for the Period 2015-2025F
- Historical data & Forecast of UAE Elevator Market Revenues & Volume for the Period 2015-2025F
- Historical data & Forecast of UAE Escalator Market Revenues & Volume for the Period 2015-2025F
- Historical data & Forecast of UAE Elevator Market Revenues, By Types, Applications and Services for the Period 2015-2025F
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